The Directors are responsible for, and committed to the principles underpinning, the corporate governance of the Company and monitor the business affairs of the Company on behalf of its shareholders.

Although the Company is not required to comply with the provisions of the Governance Code or the QCA Code, the Directors intend that the Company will comply with their respective provisions, insofar as they are appropriate given the Company’s size, its stage of development and which meet the AIM standards.

Sustainable development

Altus is committed to conducting its business activities in a manner which promotes sustainable development and creates an improvement in the social welfare of each of the regions in which it operates. We strive continuously to limit the impact of our activities on the natural environment and the surrounding communities.

It is a fundamental policy of the Company that all business will be conducted responsibly and in a manner designed to protect our staff, the community and the environment by creating a safe and healthy work environment.

In order to meet these high standards the Company will:

Assess the health, safety and environmental effects of its activities, integrating those considerations into its planning, design and operational decisions;

Comply with all local, regional and national requirements, going beyond these requirements as needed;

Design, develop and operate its facilities with a view to:

reducing the impact of its operations

making efficient use of energy, water and other resources

limiting waste generation and disposal

disposing of wastes responsibly;

Thoroughly rehabilitate areas no longer required to support its operations using sound practical methods;

Strive for continuous improvement in its health, safety and environmental programs and implement systems to monitor and audit its performance;

Communicate with its staff, contractors, the community, regulators and other stakeholders regarding health, safety and environmental issues;

Work with the community, as well as local, regional and national governments, in the formulation of health, safety and environmental regulations and policies that affect the Company.